Today, get the very first listen to the band with their debut single “I Lied,” a track we say “forges an alloy of decades-proven electronic pop and the kind of sincerity found in bands like fun. and twenty one pilots” in our Electric Century article in the upcoming issue, out March 4.

“I Lied” will be available for purchase via iTunes on February 26, and the band are expected to release their currently complete debut album (recorded and mixed by D. James Goodwin at The Isokon Studio in Woodstock, NY) later this year.

Mikey Way began planning Electric Century long before My Chemical Romance hit it big, he just didn’t have the means to pull it off … mostly because he was 12.

“I was in my seventh-grade science class, and I wrote ‘Electric Century’ on a notebook, and I was like ‘I want to do this band,'” he told MTV News. “And right then I began filing away the kind of music I wanted it to be: Britpop, the party influence of bands like the Happy Mondays, New Order, Public Image Ltd. It was always something I wanted to do.”

And now, with MCR officially over, he’s finally (re)turning his attention to the project, teaming with David Debiak (Sleep Station, New London Fire) to make Electric Century a reality. The band was formally unveiled Wednesday, when Way’s image graced Alternative Press’ “100 Bands You Need To Know” issue, and since then, things have hit hyperspeed (EC is still so new that they don’t have an official press image).

But that’s fine with Way and Debiak … after all, they’ve been waiting for this moment for a while.

“We were supposed to have a little break after [My Chem’s 2006 album]The Black Parade, and I was like ‘Dave, me and you should really get together and start writing stuff,'” Way explained. “But unfortunately, we jumped right into another album after Black Parade, so we didn’t have a chance to do it … but we talked about it a lot.. And that basically continued for about four years. I told Dave ‘I don’t know when it’s going to happen, but it’s going to happen.'”

“Mikey would send me an annoying amount of voice memos, just little musical ideas, and I’d listen to, I don’t know, a countless amount of them before something stuck,” Debiak added. “I’d start writing lyrics based on those ideas, until eventually, about a year-and-a-half ago, we had time to make this happen. Since then, we’ve written about 35 songs, and right now, our entire focus is finishing a full-length album.”

Debiak handled the lyrics, and Way wrote the majority of the music — “I’m doing a little bit of everything; guitar, keyboards, background vocals,” he explained — and slowly, Electric Century began taking shape. There’s a full lineup being assembled as you read this (Debiak assured me fans will learn the full lineup very soon), and the duo plan on meeting with potential labels in the next few weeks … which means that, after nearly 20 years, Way’s fantasy band will finally become a reality. And, after spending a decade shying away from the spotlight as MCR’s bassist, he’s ready to step to the forefront with Electric Century.

“You know, on the day I showed up for the AP shoot, I was like ‘Where are the rest of the dudes?’ It was kind of like jumping into the ocean, like, ‘Here goes,'” Way said. “When I started in My Chem, it was no secret that I had bad anxiety and depression and drug issues, but then, starting with Black Parade, there was a sea change, and I broke out of my shell. And it led me to this point, where I’m ready to take charge now. It took me years to get here, but I know I’m ready.”

And to that point, Way knows that there are some My Chemical Romance fans that will probably never give his new band a chance. Shoot, some are still holding out hopes for a reunion. But he’s not concerned with the past … rather, with Electric Century, he’s embracing the future.

“When people first used the term ‘Electric Century,’ it represented the shift from steam power to electricity, and it changed the entire universe. And, for me, this is a complete change in my life, on many levels,” he said. “No matter what, throughout time, whenever somebody who was in a popular band goes to another band, there’s people that unconditionally love it, and there’s people who unconditionally hate it without listening to it … you’ve just gotta take it on the chin, and do what’s right, and write the best possible songs.hat point, Way knows that there are some My Chemical Romance fans that will probably never give his new band a chance. Shoot, some are still holding out hopes for a reunion. But he’s not concerned with the past … rather, with Electric Century, he’s embracing the future.

“As far as people saying ‘It’s too soon, My Chem just broke up,’ it’s like, ‘No, it’s just done,” he continued. “We’ve been formulating this in a laboratory for like four years now. We’ve written 35 songs. It’s time to do it.”

My Chemical Romance just debuted “Fake Your Death,” the final song they recorded together, via BBC Radio 1 and are now streaming it on their website.

Fans who pre-ordered the band’s greatest hits CD/DVD May Death Never Stop You through the band’s website will receive a download code for the song, and it will also be available to download on iTunes with the purchase of the full digital album.

Watch the video for “Fake Your Death” below:

Yesterday, guitarist Frank Iero said of the song, “It’s one of my favorites we ever did,” and in arecent statement, former MCR frontman Gerard Way called “Fake Your Death” a “eulogy for the band:”

“…I consider “Fake Your Death” to be the “last MCR song”, and to me, it is absolutely the final fully realized collaboration between the members of the band. Oddly, or fittingly, it was written while the Los Angeles Kings beat the New Jersey Devils and won the Stanley Cup, though this did not inform or inspire the song as I was unaware (along with James and Doug) that this was happening and have only a small interest in sports. After the game, the rest of the band had arrived at the studio where we added elements to its existing structure, fleshing it out some more, and it started to form.What was not so obvious at the time was that the song was, and would serve as, a eulogy for the band, though I should have known it from the lyrics. I think internally I did, as I felt an odd sense of sadness and loss after hearing back the words on top of the music. I also felt a strange sense of pride in how honest it was, and could not remember a band recording a song of this nature, being so self-aware. Ending felt like something honest, and honest always feels like something new.

So it will exist, and it is no cowardly act to release something of this nature, but a service to those who believed in a band that did not compromise, and a wave goodbye to all. And yes, it is fucking heartbreaking.

And while I don’t believe the lyrics of the chorus today- I did at the time, which to me is a core ingredient to the music of MCR. And it is through that belief, and yours, that we were able to achieve many beautiful things.”

—

The song was originally recorded as a part of My Chemical Romance’s incomplete and unreleased fifth album, which the band said was moving in a very “dark” and “bleak” direction during the recording. The album was set to follow the concept of a support group for parents who had lost their children.

My Chemical Romance‘s greatest hits album, May Death Never Stop You, is set to feature a never-released track titled “Fake Your Death” as well as the attic demos of “Skylines And Turnstiles,” “Cubicles,” and “Knives” (“Our Lady Of Sorrows,” also known as “Bring More Knives.”)

Official pre-orders begin at the band’s official website at 7 a.m. PST/10 a.m. EST, according to Gerard Way. The website-exclusive package includes a CD, DVD, “Thank You For The Venom” T-shirt (as worn by Gerard at their first show) and a funeral brassard (armband).

CD Tracklisting:Fake Your Death (unreleased song)Honey, This Mirror Isn’t Big Enough For The Two Of UsVampires Will Never Hurt YouHelenaYou Know What They Do To Guys Like Us In PrisonI’m Not OK (I Promise)The Ghost Of YouWelcome To The Black ParadeCancerMamaTeenagersFamous Last WordsNa Na Na (Na Na Na Na Na Na Na Na Na)SINGPlanetary (GO!)The Kids From YesterdaySkylines And Turnstiles (Demo)Knives/Sorrow (Demo)Cubicles (Demo)

The collection will include not only their greatest hits, but also the rare, fan-famous “Attic Demos” (pre-I Brought You My Bullets… recordings) as well as unheard material including one of the last songs the band worked on together from what would have been their fifth album.

Hello all,

On March 25, we will be releasing a greatest hits album entitled “May Death

Never Stop You.” The title is fitting, because as sad as it was to say

goodbye to the band, we look at this collection as a celebration of our best

songs, and hope the memory of them continues to bring joy to you all as they

have for us.

The album also includes some previously unreleased material, including the

infamous “Attic Demos,” and one of the last songs we worked on in the studio

together.

On January 21, we will be opening pre-orders for the album right here on our

site. We hope you take the journey with us into MCR’s past, and enjoy the

THE FORMER MY CHEM MAN IS WORKING ON NEW MUSIC WITH AN OLD FRIEND – BUT WHEN WILL WE HEAR IT?

FIRST THERE was Frank Iero, with his new band, Death Spells. Then there was Ray Toro, unveiling a new song, Isn’t That Something, through his personal SoundCloud account. And then, last week, Gerard Way revealed the lyrics to his latest track, Millions.

Until now, the younger Way had been the quietest of the quartet – his post-My Chem movements remaining relatively unknown as Gerard, Frank and Ray revealed their plans.

Yet Mikey has evidently been just as busy as all three of his former bandmates, with the bassist joining the frotman of New Jersey-based band New London Fire, David Debiak, in the studio.

The band revealed the news last week by posting an image of Mikey laying a guitar – rather than a bass – on their Twitter page, @NewLondonFire (above). It would appear, though, tat the duo’s work is taking place outside of New London Fire, after the band’s earlier announcement that, “David will be taking a hiatus from NLF to work in a new project; new name, new songs, with an old friensd.”

New London Fire were labelmates with My Chemical Romance during the pair’s time on the now-defunct Eyeball Records, under which MCR released their debut album, I Brought You My Bullets, You Brought Me Your Love.

Quite what the project will sound like, or even when or if it will see the light of day, remains unclear, as the duo are staying tight-lipped on their plans.

One MCR man who has broken his silence though, is Frank Iero – and you can read our world exclusive catch-up with the frotman in Kerrang! on sale September 4. You won’t believe what he’s been working on , either…

Former My Chemical Romance bassist Mikey Way is currently recording with members of New Jersey-based New London Fire.

View some of their recent tweets below:

From the photos, it appears that both Dave Debiak (New London Fire) and Way are playing guitar during their current recording session.

Fans of MCR may recognize the name “New London Fire” as one that Way was credited with coming up with in the band’s 2006 documentary Life On The Murder Scene. NLF were previously signed to MCR’s first label, Eyeball Records.

July 23 is the fan-proclaimed International My Chemical Romance Day (better known as IMCRD), and though MCR announced their breakup in late March, the MCRmy is still holding strong to this holiday celebrated on the release anniversary of MCR’s first album, I Brought You My Bullets, You Brought Me Your Love.

“The most common question I’ve been getting since the break up was whether IMCRD would go on at all,” says Devan Mickell, a long-time fan who is manning the @IMCRD Twitter account which helps direct fans on the big day, this year.

“I was actually really surprised by how many people thought that MCR’s break up would jeopardize IMCRD. Yes, it’s about celebrating our love and appreciation for a band, but it’s also about the experiences we’ve shared, the friends we’ve made the family we’ve gained, and how we’ve all grown and changed over the years with one another. To me, IMCRD is far more about the MCRmy than anything else”

For many of fans of the band, it was tough finding ways to connect with other members of the fanbase, especially in the early days when beyond spotting other kids in MCR shirts, going to shows and lurking the now defunct WBR Street Network message boards, there was no way to really connect.

The advances in technology since then opened very simple ways to find other fans and to stay in touch, both online and in real life. IMCRD celebrates the beauty of that, of fan unity and of a strong community built around mutual passion for the band.

Throughout the years, this grassroots holiday has spawned large-scale fan meetups, charity fund-raisers, effortless Twitter trending and many creative endeavors from the fan community.

20 Ways to celebrate IMCRD 2013

1. Attend A Meetup Head to the “Gangs” section of the MCRmy (which will continue to remain active) or to your local fan page to see if local fans are planning to meet.

2. Create Something (Anything!)Any Killjoy worth his or her weight in spraypaint and Zone dust knows that “art is the weapon.” Likewise, anyone who followsGerard Way on Twitterknows that “#ArtIsSmart.” So pick up your weapon of choice today and make something.

8.Bask in nostalgiaIf you’re like me, you have overflowing archives of endless MCR information. Here’s a quick directory of AP issues on which MCR have been on the cover or have been featured prominently:

10. Write a letter to Gerard WayShortly after MCR broke up, Gerard Way published an addressand asked fans to write to him or send him anything that could fit in an envelope. When we spoke to the singer a month later, he told us it was tough, and he was surprised by the response, but he’s still going to try to get through all the letters he receives. Send yours to:

Warner Bros Recordsc/o Gerard Way3300 Warner BlvdBurbank, CA 91505

Just don’t send any packages. And “don’t make it weird.”

11. Go on a scavenger hunt to find a new copy of Bullets on CD for a reasonable price

Seriously. We’re not sure what it is—Eyeball Records going out of business, opportunists scalping because of the breakup, or what—but for whatever reason, finding a copy of I Brought You My Bullets, You Brought Me Your Love on CD online is quite the task these days.

12. Catch up on issues one and two ofThe True Lives Of The Fabulous KilljoysThe comic series (which began as a comic series that informed the album, then became informed by the album) follows the life of “The Girl” depicted in the band’s Danger Days videos several years later. For bonus fun: Go on a hunt with some fellow MCR fans for the issues’ alternate covers! (Current issues and preorders available.)

13.Watch Life On The Murder Scene You’ve probably seen it a million times, and you’re probably going to cry, but it never hurts. Plus sitting on your couch watching a DVD is “easy-peasy pumpkin-peasy. Pumpkin pie, motherfucker!” While you’re at it, you might as well whip outThe Black Parade Is Dead!and ¡Venganza!

14. Dress up

Be fearless. Go to work in full Killjoys garb! Well, depending on your job or school, that is. If you can’t go to that extreme, or if you don’t want to go with the full on unholy living dead look, wearing aT-shirt, badge or subtle writing on your arm to show your support works just fine.

16. Help out a fellow fan Whether you’re an older fan who wants to welcome a younger one to the MCRmy or if you simply notice someone who wants or needs help, extend a helping hand and feel better for having done something nice.

20.Heed this advicefrom Frank Iero: “Your Imagination is the Ammunition.Stay Dirty, and Stay Dangerous. Create and Destroy as you see fit. Embrace your Originality. The Aftermath is Secondary. You can and should do Anything.”

Now, GET UP AND GO!

How will you celebrate today? Reply with your plans and share on Twitter using the #MCRmyForLife tag. You might see your photo here later!